MARCO COMMUNITY BANK Failed 2010
What happened
MARCO COMMUNITY BANK of MARCO ISLAND, FL was closed on 2010-02-19. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to MUTUAL OF OMAHA BANK (OMAHA, NB). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3753
- FDIC Certificate
- 57586
- FDIC FIN
- 10187
- Bank name
- MARCO COMMUNITY BANK
- Location
- MARCO ISLAND, FL
- Failure date
- 2010-02-19
- FDIC resolution date
- 2010-02-19
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $26M
- Deposits at failure
- $117M
- Assets at failure
- $120M
- Acquiring bank
- MUTUAL OF OMAHA BANK (OMAHA, NB)
Other banks MUTUAL OF OMAHA BANK acquired in FDIC resolutions